Which of these groups of values plugged into the TVM Solver of a graphing
calculator will return the same value for PV as the expression
($415)((1 +0.003)24 – 1)?
(0.003)(1 +0.003)24
Answers
The TVM solver is a tool found in graphing calculators, that solve Time
Value of Money problems.
The group of values that will return the same value as the given expression is; D. N = 24; I% = 3.6; PV =; PMT = -415; FV = 0; P/Y = 12; C/Y = 12; PMT :ENDReasons:
In the TVM solver, we have;
I = The annual percentage rate
N = n × t
t = The number of years
PV = Present value
PMT = Payment
P/Y = Number of payments per year = n
C/Y = Number of compounding periods per year = n
The formula for monthly payment is presented as follows;
[tex]M = \mathbf{\dfrac{P \cdot \left(\dfrac{r}{n} \right) \cdot \left(1+\dfrac{r}{n} \right)^{n \times t} }{\left(1+\dfrac{r}{n} \right)^{n \times t} - 1}}[/tex]
Which gives;
[tex]P = \mathbf{\displaystyle \frac{M\cdot \left(\left(1+\dfrac{r}{n} \right)^{n \times t} - 1 \right) }{\left(\dfrac{r}{n} \right) \cdot \left(1+\dfrac{r}{n} \right)^{n \times t}}}[/tex]
Therefore, we get;
Where;
M = PMT = -415
P = PV
r = I
P/Y = n = 12
Therefore;
[tex]\displaystyle 0.003 = \frac{I}{12}[/tex]
I = 0.003 × 12 = 0.036 = 3.6%
N = n × t = 24
[tex]P = \displaystyle \frac{(415)\cdot \left(\left(1+\dfrac{I}{12} \right)^{24} - 1 \right) }{\left(\dfrac{I}{12} \right) \cdot \left(1+\dfrac{I}{12} \right)^{24}} = \mathbf{\displaystyle \frac{(415)\cdot \left(\left(1+0.003\right)^{24} - 1 \right) }{\left(0.003\right) \cdot \left(1+0.003 \right)^{24}}} = ?[/tex]
The value of the equation is the present value, PV = ?
When payment are made based on the PV, we have FV = 0
The group of values the same value as the expression[tex]\displaystyle \frac{(\$415)\cdot (1 + 0.003)^{24} - 1}{(0.003) \cdot (1 + 0.003)^{24}}[/tex], when plugged into the TVM solver of a calculator is; D. N = 24; I% = 3.6; PV =; PMT = -415; FV = 0; P/Y = 12; C/Y = 12; PMT :END
Learn more about Present Value Solver here:
https://brainly.com/question/1759639
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Related Questions
y = - 4x + 3 & x - 4y = 8 : parallel or perpendicular or neither
Answers
Answer:
perpendicular
Step-by-step explanation:
Parallel lines have equal slopes
The product of the slopes of perpendicular lines = - 1
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
y = - 4x + 3 ← is in slope- intercept form
with slope m = - 4
x - 4y = 8 ( subtract x from both sides )
- 4y = - x + 8 ( divide through by - 4 )
y = [tex]\frac{1}{4}[/tex] x + 2 ← in slope- intercept form
with slope m = [tex]\frac{1}{4}[/tex]
Since the slopes are not equal the lines are not parallel
- 4 × [tex]\frac{1}{4}[/tex] = - 1
Then the lines are perpendicular
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Step-by-step explanation:
is your answer
Answer:
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Step-by-step explanation:
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Step-by-step explanation:
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If it’s 7:00 and an hour goes by is going to be 8:00 and when you add 30 minutes to 8:00 it would be 8:30
A bee travels 50 meters in 2 seconds. At this speed, how long would it take for the bee to travel 375 meters?
Calculate the bee's unit rate of meters per second.
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Step-by-step explanation:
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log square root on 1,000,000x
Answers
Step-by-step explanation:
log (√1000000x)
Rewrite √1000000x as (1000000x)1/2.
expand long ((1000000x)1/2) by moving 1/2
oby moving logarithm.
1/2 longth (1000000x)
Rewrite
log
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1/2(log(1000000)+log(x))
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Apply the distributive property.
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Cancel the common factor of 2.
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Combine 1/2 and log(x)
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Step-by-step explanation:
See the steps below:
[tex]log\sqrt{1000000x} =\\(1/2)log 1000000x=\\(1/2)log10^6+(1/2)logx=\\(1/2)(6) + (1/2)logx=\\3+(1/2)logx[/tex]
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Answer:
C
Step-by-step explanation:
Answer:
c
Step-by-step explanation:
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Write your answer using a percent sign (%).
Answers
Answer:
10%
Step-by-step explanation:
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The angle of depression of a rabbit from the top
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of 80 m horizontally towards the base of the cliff,
the angle of depression of the rabbit from the
top of the cliff becomes 32°. Find the height of
the cliff.
Answers
The angle of depression is the angle formed with the horizontal, when an object is viewed below the horizontal level. Thus, the height of the cliff is approximately 123.86 m.
Let the height of the cliff be represented by h, so that:
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tan [tex]24^{o}[/tex] = [tex]\frac{h}{80 + x}[/tex]
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x tan [tex]32^{o}[/tex] = tan [tex]24^{o}[/tex] (80 + x)
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h = 123.86 m
Therefore, the height of the cliff is approximately 123.86 m.
A sketch to this question is attached.
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Answers
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Step-by-step explanation:
Paisley's mom is paying the loan of $22,032 in 48 equal monthly payments.
In order to find how much each month's payment would be you divide the loan by 48.
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Answers
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.................................
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Answers
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Step-by-step explanation:
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Answers
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Step-by-step explanation:
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Answer:
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Step-by-step explanation:
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Answer:
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<4 = 180-116 = 64 degrees
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Answers
Answer:
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Step-by-step explanation:
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Simplify the following expression: (1 point)
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Answers
Answer:
[tex]⟼3x {}^{2} + 12 + y[/tex]
Step-by-step explanation:
[tex]Here,2x − 6y + 3x {}^{2} + 7y − 14x [/tex]
[tex] = 3x {}^{2} + 2x - 14x - 6y + 7y[/tex]
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[tex] = 3x {}^{2} - 12x + y[/tex]
Hello there!
Combine Like Terms:
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Hope this helps. you!
~Just a determined gal
#CarryOnLearning
Please mark brainliest; I would really appreciate that! :)
[tex]MysteriousNature :)[/tex]
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Answer: 3z+6
Step-by-step explanation:
(3) (z+2)
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Answers
Answer:
Step-by-step explanation:
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[tex]$a^2+b^2=c^2=a^2+a^2=c^2$[/tex]
Remember that [tex]a^2[/tex] and [tex]a^2[/tex] are the legs, which are the same length, so we can do this. Now, we solve the equation.
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HOPE THIS HELPS :D
The Pythagoras is the sum of the square of two sides equal to the square of the longest side. Then the exact measure of each leg is 9.4 ft.
What is a right-angle triangle?It is a type of triangle in which one angle is 90 degrees and it follows the Pythagoras theorem and we can use the trigonometry function.
A right-angle 45-45-90 triangle with the hypotenuse measuring 5√7 feet.
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More about the right-angle triangle link is given below.
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Solve the equation.
2x+4+8x=24
Answers
2x + 4 + 8x = 24
2x + 8x = 24 - 4
10x = 20
x = 20 ÷ 10
x = 2
____
Hope it helps!
꧁✿ ᴿᴬᴵᴺᴮᴼᵂˢᴬᴸᵀ2222 ✬꧂ ❤
Answer:
[tex]\boxed{\boxed{\sf x=2}}[/tex]
Step-by-step explanation:
[tex]\sf 2x+4+8x=24[/tex]
Combine like terms:
[tex]\sf 2x+8x+4=24[/tex][tex]\sf 10x+4=24[/tex]Subtract 4 from both sides:
[tex]\sf 10x+4-4=24-4[/tex][tex]\sf 10x=20[/tex]Divide both sides by 10:
[tex]\sf \cfrac{10x}{10}=\cfrac{20}{10}[/tex][tex]\sf x=2[/tex]____________________________
I am a decimal number between 0.3 and 0.5. The digit in my hundredths place is 5 greaterthan the digit in tenths place, if the number in tenths place is 4 what will be the number?
Answers
Answer:
0.4
Step-by-step explanation:
it's between 0.3 and 0.5 and the number in tenth is 4 so the answer is 0.4
hello what is 100^4
pls help asap my homework
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[tex]▪▪▪▪▪▪▪▪▪▪▪▪▪ {\huge\mathfrak{Answer}}▪▪▪▪▪▪▪▪▪▪▪▪▪▪[/tex]
Solution ~
[tex]100 {}^{4} [/tex][tex]100 \times 100 \times 100 \times 100[/tex][tex]100000000[/tex]or it can also be expressed as ~
[tex]10 {}^{8} [/tex]
[tex]1 {0}^{8} \\ \\ hope \: \: it \: \: helps \\ \\ see \: \: the \: \: attachement[/tex]
Solve.
315−14x=−45
Enter your answer in the box.
x =
plzzzzz helpp me
Answers
Answer:
180/7
Step-by-step explanation:
can someone help me peaseeeee
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What is the volume of a sphere with a surface area of 64 pi cm^2?
16 pi cm^3
21 1/3 pi cm^3
48pi cm^3
85 1/3 pi cm^3
Answers
Answer:
Hello, have a great day.
Answer:
85 1/3 pi cm3 I hope this helps.
Of the following sets which are equivalent to the set S = {an even number less than 10 } is
A = {Prime number less than 10 }
B = {Odd factor less than 15}
C= {Odd numbers less than 7}
D ={An even number between 10 and 15}
E ={An odd number between 10 and 16}
Answers
Answer:
A, 2
Step-by-step explanation:
We can immediately rule out B and C; they are odd numbers while S is an even number.
We can also rule out D and E. This is because D and E are greater than or equal to 10, while S is less than 10.
A number that can fulfill the requirements for both A and S is 2
(ASAP) helpp i need to get this done 3m
Answers
3(a-4) + 1= 9 - a
3(a-4) = 8 - a
3a-12 = 8 - a
4a = 20
a=5
I hope this helps! :)
Answer:
a=5
Step-by-step explanation:
3(a-4)+1=9-a
3a-12+1=9-a
3a-11=9-a
3a+a=9+11
4a=20
a=20÷4
=5
